All Forum Posts by: Cody Dover

Ok we'll try that route if all else. Looking more for private lenders above anything else but could fall back on that if need be.

Thanks for your thoughts, the only trouble I foresee on traditional bank loan mortgage is not qualifying for the amount of $ I make with my 9-5

Hey everyone my partner and I are new to this arena, we have been analyzing several properties running the numbers and comps for surrounding areas. But now coming across a hurdle, the big F word we all wonder how to overcome, yes financing! Can anyone point us in the right direction. We plan to implement the BRRRR method

Hey Jeremy, we are located in AR as well down in LR. Are you attending the local REI club down here? Good place to start networking as well as finding deals/investors

Great looking flip! I'm curios at 21 and being your first flip, I'm assuming not a lot of credibility behind you and your company's name.. how did you get the financing for it?? For purchase and rehab cost

Love the responses, but to some cases it's hard getting a deal for a low offer when the owner has lived there for 35 years and take pride in their property they are offering.

Hey guys, my partner and I are new to the Investing world and having a hard time finding lenders who want to finance deals in Arkansas. How do "newbies" overcome hurdles without much credibility? We've analyzed some deals and distressed areas (but good rental areas) just don't know the right person to talk to..

Hey guys-

I'm just starting out, been analyzing deals and comps and talking to realtors about the surrounding areas. We have been making progress each day moving forward with something. We've set up an LLC and about to get our website up and launched with a few landing pages out there.

On the flips side, we've run some numbers on several properties and found some can be cash flowing with a tenant in them after the ARV. Our only hurdle is finding an investor to help us finance the deals. If I tried to even get a traditional mortgage on a $90,000 house as a first time home buyer I would most likely get turned down with not enough income to support that loan even thought the tenant would be paying it down for me.

What can you guy suggest I do whether its finding a hard money lender to trying to work the system with a mortgage..